Price level (P) LRAS, LRAS2 SRAS,

Q: What will be the National income at current price if current price is $300 and the current quantity…

A: The information being given is:- Current price in economy = $300 Current quantity= 2000 units  We…

Q: GVA basic prices = 524  Net production taxes = 26  what is GVA at market price ?

A: GVA stands for gross value added

Q: Find the value of national income if the domestic income is $130 and the net factor income from…

A: Initially in the question Domestic income is = $130 Net factor income from abroad is = $53 National…

Q: If the nominal GDP is $118 and the current price index is $115 find the real GDP

A: Generally in the given question Nominal GDP is valued = $118 Current price index = $115 Real GDP…

Q: difference between nominal intrest rate and real intrest rate

A: An interest rate lets you know how high the cost of borrowing is, or high the rewards are for…

Q: If the nominal income is 3280 and the real income is 1400 find the price index?

A: As per the question Nominal income = 3280 Real income = 1400 Price index = ?

Q: 2011 2012 $13.841 billion Nominal GDP Real GDP $13.195 blion $11.319 bilion $11.567 biion 1. the…

A: Nominal GDP is the market value of goods and services produced in an economy, unadjusted for…

Q: consumer price index

A: The Consumer Price Index (CPI) is a degree that examines the weighted average of expenses of a…

Q: Calculate the value added if the value of output is $630 million and the intermediate consumption is…

A: According to the above given question we have the following values:- Value of output = $630 million…

Q: The nation of Kona cultivates coffee beans and cassava, from which all their consumer goods are…

A: A nominal wage, or money wage, is the precise amount of money you get paid per hour or per salary.…

Q: Find the value of national income of Austria if the net domestic product at factor cost in Austria…

A: The information being given to us is as follows:- Net domestic product at factor cost = $96 million…

Q: Find the GNP deflator when the nominal GNP is 2550 and the real GNP is 3000!!!!

A: GNP deflator or gross national product deflator is a metric to analyse the effects of inflation on…

Q: Calculate the market basket prices for each period. See attached.

A: The term market basket refers to a bundle or group of products that can be indicators of the overall…

Q: Find the GNP deflator if the nominal GNP is 2530 and The real GNP is 3000.

A: Generally in the given question Value of nominal GNP = 2530 Value of the real GNP = 3000 GNP…

Q: What will be the Value added if the Value of output is $312 and the Intermediate consumption is $111

A: Consumption takes place by individuals in the economy. For the consumption of goods and services in…

Q: Calculate value added if intermediate consumption is $3500 million and the value of output is $7700…

A: The data presented in the question is:- Intermediate consumption = $3500 million Value of output =…

Q: a) suppose a student in 2007 estimated that her expenses were distributed among the CPI categories…

A: Inflation refers to the gradual rise in general price level in an economy over a period of time .…

Q: The net exports is given to be as $2300 and imports is $1200 Calculate Exports

A: The information being given is:- Net exports = $2300 million Imports = $1200 million We have to…

Q: The difference between gross national income and gross domestic product is: a b с d income earned in…

A: GDP is the gross domestic product.  GDP is the money value of all the goods and services produced in…

Q: Calculate the national income for 2021 if the national domestic product at factor cost is $6500…

A: The information being given is:- National domestic product at factor cost = $6500 million Net factor…

Q: The values of consumer price index (CPI) for 2005 and 2018 are 78.8 and 272.6 respectively while the…

A: Consumer price index shows the cost of living of population . There is inverse relationship with CPI…

Q: If the nominal GDP is $118 current price index is $112 find the real GDP

A: Meaning of Gross Domestic Product (GDP): The term gross domestic product refers to the situation…

Q: The consumption is $430 and the income is $630  Calculate the APC

A: The information being given is:- Consumption = $430 Income = $630 We have to calculate the value of…

Q: The value of net factor income from abroad is $900 million and the value of national income is $5000…

A: Given: Net factor income from abroad=$900 million National income=$5000 million

Q: Find value of output if intermediate consumption is $45,000 and value added is $76,000?

A: As per the question we are given  Intermediate consumption = $45,000 Value added = $76,000 we have…

Q: use an AE TO LAS/SAS/AD graph to represent a positive change (include the summary (rgdp,cpi,I,)

A: The economics as a study is based upon the basic idea of scarcity of resources which are present…

Q: If intermediate consumption is $430 million and value of output is $560 million Calculate value…

A: According to the above mentioned question, the values are:- Intermediate Consumption = $430 Million…

Q: Is the PW measure easy to calculate and apply? How?

A: Present worth is also known as discounted value. It is the worth of a future amount of money or…

Q: The GNP deflator is 188 and Real GNP is $12,500 Calculate Nominal GNP

A: The information being given is:- GNP deflator = 188 Real GNP = $12,500 Nominal GNP = ?

Q: A price index does not measure transportation costs? True or False

A: The average change in prices between periods or the average difference in prices between places is…

Q: what is CPI (consumer price index) rebasing? and what is the processing of rebasing?

A: The consumer price index is re-based or revised in every five years. The importance of rebasing is…

Q: Calculate intermediate consumption if value added is $3900 and value of output is $5000

A: The information being given is:- Value added = $3900 million Value of output = $5000 million We have…

Q: f National income is given to be as $22,000 and net factor income from abroad is $19,000 Calculate…

A: here we calculate the NDPfc by using the given information so the calculation of the following by…

Q: Find the value of gross national product at factor cost if gross national product at Market price is…

A: The information being given to us is as follows:- Gross national Product at market price = $1400…

Q: GVA basic prices = 574  Net product taxes = 36 what is GVA at market price ?

A: GVA basic prices = 574  Net product taxes = 36

Q: Nominal GDP

A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: The value of output in a given economy is $910 and the intermediate consumption are given as $310…

A: Generally in the given question it is given that The value of output = $910 Intermediate consumption…

Q: If National income is $1300 million, net factor income from abroad is $500 million Find the value…

A: The information given to us is as follows:- National Income of the country = $1300 million Net…

Q: If Nominal GNP is $21,000 and real GNP is $13000  Find the value of GNP deflator

A: The information given is as follows:- Nominal GNP = $21,000 Real GNP = $13,000 We have to find GNP…

Q: If net Indirect taxes is $20,000 and Gross National product at market price is $28,000 Calculate…

A: The data presented in the question above is:- Net indirect taxes = $20,000 Gross National product at…